By Brian Heard – Property Tax Director, RETC
On July 22nd, Bisnow hosted the Data Center Extravaganza, which featured many talented speakers opening up about their views of the futures of data centers. The current demand for data centers is up, and Infomart Data Centers, who was one of the hosts, had exciting news to share to all who attended. Bisnow released information that “John (Sheputis) says the BMMR (…) will upend the traditional Meet-Me Room model by waiving monthly cross-connect fees to encourage interconnection within the carrier-hotel.” You can read more about this and other topics on Bisnow‘s newsletter published after the event by clicking here.
Brian Heard has a few takeaways to share from last week:
- There is a lot of activity both in the development of new greenfield sites to strategic acquisitions to meet demand which continues to be strong in the Dallas / Houston market
- Panelist Bryan Loewen (Newmark Grubb Knight Frank) stated that a major trend he is seeing is customer’s desire for increased customer service as well as the box.
- John Sheputis (Infomart Data Centers) provided a tour of their Dallas location which included a recent $40M improvement plan, additional plans to expand the facility by an additional 500K SF and the creation of Building Meet-Me Rooms which will provide inter-connectivity unique to large carrier-hotels. John’s excitement for Infomart’s future was evident and continues to demonstrate increased demands in the Dallas market.